10
Jun
17:23
Pig iron decline continues in all regions
The merchant pig iron global price downtrend continued during the past week amid poor demand from the regions buying unsanctioned material, such as the US and Europe, and ongoing availability of alternative Asian lower-priced supply. The ongoing decline of ferrous scrap prices continued to pressure sentiment, Kallanish observes.
Somewhat traditionally, US buyers remain on the fence, but a few low-priced tentative bids for Brazilian material were put forw…
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Anonymous
Very good overview of the weekly steel market.
Anonymous